NSW has seen average median house prices change by -4.21% which means that Evans Head, 2473 has not done well for property investors by showing a capital gain of -4.16% over the last year
Over the longer term, Evans Head has seen property prices show investors a 29.18% return over the last 3 years. This is worse than over the last 12 months
Evans Head has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 11.11% to date .
A 31.78% growth in median value for property investors in Evans Head,2473 puts this suburb at number 89th in terms of best performing suburbs in NSW
The most recent median price for Evans Head is $425000, with sellers offering an average of -3.41% off the asking price.
A $385 per week rent on the median house gives suburb investors a gross yield of circa 4.71%, without taking into account capital value appreciation, which has been averaging out at 3.21%.
Information supplied by:
Double digit growth for the unit market
Median unit price: $386,250
Three-year growth: 10.4%
Rental yield: 4.3%
One of the gems of NSW’s North Coast, the suburb of Evans Head is surrounded by water, greenery and sand. It’s known as one of the best places in the area to get fresh seafood like prawns, crabs and fish.
The Evans River flows by the suburb, and it is bordered by national parks. Pristine beaches offer spectacular views of the sunset and of the beautiful blue sea, while facilitating the enjoyment of watersports like surfing, boating and fishing. Beginner surfers will love Evans Head Beach because the southeast swells generating massive waves are hindered here. Kayaking on the estuary is another popular activity.
With a median value of under $400,000, units in Evans Head are quite affordable. The suburb has also seen consistent growth since 2014, with prices going up by the double digits.